Download INTERNATIONAL COMPETITION, RETURNS TO SKILL AND LABOUR MARKET ADJUSTMENT February 19, 2009

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Table C.1: Effect of international competition on skill acquisition and industry relocation: regression results
Stay in the same industry and skill as base
Propensity to
Propensity to Propensity to
Propensity to
move skill
move ind.
move skill
move ind.
(1)
(2)
(3)
(4)
Variables
age
age2
tenure
skilled
indop88*post89
indop88
post89
-0.184
(23.58)***
0.031
(2.98)***
-0.232
(105.24)***
0.238
(24.67)***
0.034
(3.96)***
0.038
(1.36)
-0.023
(4.66)***
-0.876
(111.2)***
0.934
(90.03)***
-0.163
(65.14)***
0.445
(43.59)***
0.028
(3.23)***
0.022
(0.89)
-0.061
(12.25)***
∆exchrate
male
hhi
firmsize
firmlabprod
firmage
%foreignK
Year+Regional dummies
Industry fixed effects
Observations
rho
McFadden's pseudo R2
0.102
(33.37)***
0.079
(8.17)***
-0.045
(45.97)***
-0.041
(42.39)***
0.014
(21.14)***
-0.183
(34.47)***
yes
yes
2,300,567
0.475
0.052
0.094
(28.09)***
0.098
(10.39)***
-0.025
(23.42)***
-0.009
(8.22)***
0.001
(1.8)*
0.019
(3.63)***
yes
yes
-0.275
(46.36)***
0.208
(26.41)***
-0.165
(100.59)***
0.145
(24.47)***
-0.844
(134.36)***
0.921
(110.12)***
-0.141
(73.01)***
0.338
(52.85)***
0.174
(5.01)***
0.085
(35.95)***
0.004
(25.37)***
-0.001
(1.23)
-0.031
(32.75)***
0.001
(2.28)**
-0.055
(14.38)***
yes
yes
3,858,747
0.409
0.053
0.087
(2.47)**
0.030
(11.12)***
0.001
(5.58)***
-0.010
(11.12)***
0.002
(2.22)**
0.000
(0.68)
-0.012
(2.98)***
yes
yes
Propensity to
move ind.
Stay same ind and no skill up as base
Propensity to
Propensity to Propensity to
skill-up
move ind.
skill-up
(5)
-0.172
(22.04)***
0.016
(1.5)
-0.233
(104.98)***
0.233
(24.02)***
0.035
(4.01)***
0.035
(1.25)
-0.023
(4.52)***
(6)
-1.094
(138.04)***
1.193
(115.15)***
-0.222
(82.35)***
0.446
(45.47)***
0.028
(2.99)***
0.024
(0.91)
-0.111
(19.41)***
0.103
(33.44)***
0.084
(8.62)***
-0.045
(45.87)***
-0.042
(43.32)***
0.015
(21.59)***
-0.186
(34.84)***
yes
yes
2,300,567
0.299
0.066
0.098
(29.05)***
0.067
(5.96)***
-0.008
(7.24)***
0.001
(0.52)
-0.002
(2.31)**
0.053
(9.69)***
yes
yes
(7)
-0.268
(44.98)***
0.198
(25.03)***
-0.166
(100.56)***
0.142
(23.81)***
(8)
-1.008
(164.66)***
1.114
(137.06)***
-0.187
(91.08)***
0.256
(41.27)***
0.181
(5.21)***
0.087
(36.31)***
0.004
(24.97)***
-0.002
(1.92)*
-0.032
(33.98)***
0.002
(2.96)***
-0.055
(14.46)***
yes
yes
3,858,747
0.267
0.066
0.243
(5.66)***
0.041
(16.05)***
0.001
(5.12)***
-0.001
(0.65)
0.006
(5.06)***
0.000
(0.07)
0.012
(2.87)***
yes
yes
* significant at 10%; ** significant at 5%; *** significant at 1%. The period of analysis is 1986-1992 in Column 1-2 and 5-6 and 1992-2000 in Column 3-4 and 7-8.
Absolute value of t-statistic in parentheses, based on robust standard errors clustered by individuals. The variables age, tenure are divided by 10, and age-square and hhi by
1000.
25